Dental Laboratories Market to Cross $ 49.56 Billion Revenue by 2030

Dental Laboratories Market Overview

“The Dental Laboratories Market is estimated to increase at a CAGR of 5.78% from $ 32.45 Billion in 2023 to $ 49.56 Billion by 2030.”

Dental laboratories produce dental supplies like dentures, bridges, and crowns to assist qualified dentists in providing oral healthcare. These products, including prosthetic devices like denture teeth and implants, are created under a dentist's prescription by dental lab technicians. The FDA regulates medical devices like crowns, bridges, dentures, and dental implants under good manufacturing practice and quality system regulations. These restorations are often produced without manufacturer registration requirements, making dental implants a cutting-edge dental technology.

The trend towards complete lab automation is rapidly spreading over the world. Additionally, a major increase in dental 3D printing technology will support consumer demand for dental laboratories. Dental labs now have the capacity to fully automate the manufacture of unique designs for their patients thanks to 3D printing technology. These designs can be utilised for treatment and used to provide customised dental equipment and dental assistance. Production efficiency in dental laboratories is enhanced by the introduction of automated inventory management systems. The market for dental laboratories is anticipated to benefit from these lucrative growth prospects.

>>>Download Sample Report Now: https://marketreportservice.com/request-sample/dental-laboratories-market-54470 

Dental Laboratories Market Segment Analysis

The oral care dental laboratories market is projected to grow at a CAGR of 4.56%, reaching a value of approximately US$ 13.56 billion. The mouth, a gateway to the digestive and respiratory systems, contains microorganisms that can cause various illnesses. Good dental hygiene, such as brushing and flossing, helps control these microorganisms, but without it, they can cause gum disease and tooth decay.

The dental laser market is expected to grow at a CAGR of 8.46% between 2022 and 2030, driven by increased healthcare professionals' awareness of advanced technology, rising healthcare infrastructure spending, and development in developing economies. Dental lasers are advanced dental technology used for accuracy and precision in various dental operations, and the rapid advancement of laser technology is a key factor contributing to market expansion.

Market Dynamics

Drivers

The market for dental prostheses is expanding due to the growing elderly population and edentulism cases. Advancements in technologies like CAD/CAM and 3D printing enable the production of unique dental prostheses for each patient. Additionally, increased oral hygiene awareness and a growing desire for cosmetic dental operations are driving the growth of this market.

The dental laboratories industry's growth is hindered by the lack of data encryption and safety measures. The increasing use of digital and automated patient data systems increases the risk of data theft, especially in the growing patient base for dentistry-related conditions. The absence of secure, encrypted patient databases threatens to impede the market's overall expansion.

Restraints

The high cost of dental supplies and equipment can be a significant market restraint for dental labs, limiting their ability to purchase modern tools and materials. Lack of cash or access to financing can make it difficult for these labs to invest in modern equipment and materials. The costs of employee training, equipment maintenance, and repair also contribute to the financial strain on dental laboratories, potentially limiting the market's growth.

Key Opportunities

The developments in the oral care sector are expected to cause the global market for dental laboratories to have a strong growth trend throughout the forecast period. The development of numerous restorative dental techniques, including implant dentistry, intraoral imaging, digital radiography, and caries diagnostics, makes use of computer-aided design and computer-aided manufacture (CAD/CAM).

Over the course of the projection period, demand for dental laboratories will be boosted by the availability of software-assisted modelling and digital prosthesis design. Therefore, major players in the dental laboratories market are implementing the Internet of Things (IoT) to facilitate networking connectivity and sensors for dental equipment.

Competitive Landscape of the Dental Laboratories Market Analysis

• Envista Holdings Corporation
• Dentsply Sirona
• A-dec Inc.
• Straumann AG
• Henry Schein, Inc.
• Champlain Dental Laboratory, Inc.
• Knight dental design
• National Dentex Corporation
• 3M Health Care
• Dental Services Group

New Developments in Dental Laboratories Market

Feb. 24, 2023 Henry Schein and Its Dental Laboratory Business, Zahn Dental, Enhance Commitment to Dental Lab Industry With Strong Presence at Cal-Lab and LMT LAB DAY

Henry Schein, Inc., and its dental laboratory business, Zahn Dental, today kicked off a host of events taking place concurrent to the Chicago Dental Society Midwinter Meeting that demonstrate the Companies’ depth of commitment to the laboratory business.

March 29, 2022 -- Envista Announces Dental Digital Imaging Solutions Re-Brand to DEXIS

Envista Holdings Corporation has announced that its imaging business will be re-branded as DEXIS. The DEXIS brand will represent Envista’s portfolio of digital imaging solutions such as cone-beam computed tomography (CBCT), handheld X-rays, intraoral scanners, sensors, and surgical systems. Other brands under the new DEXIS umbrella will be i-CAT, Instrumentarium, SOREDEX, and NOMAD. This umbrella will encompass digital dental solutions for everyday use, according to Envista CEO Amir Aghdaei.

Dentsply Sirona’s presence at IDS 2023 to highlight the power of digital universe for best possible connectivity in dentistry.

Regional Analysis

In 2021, the USA held a significant dominance in the North America dental lab industry, accounting for an estimated 83.8% of the market.

The country with the highest dental laboratory revenue is currently at the center stage.

Because the United States is the world's centre for dental laboratories, oral health is valued highly here. There are 9,277 dental laboratories in the United States as of February 2022. Dental and oral conditions are said to as a "silent epidemic" in the nation that affects both children and adults. Even though tooth decay is largely avoidable, it affects over 9 out of 10 adults. In all organisations, about one in five people suffer from untreated dental conditions. In the United States, the dental records are worse.

Poor oral fitness negatively impacts children's speech, growth, function, and social development in the US. It can lead to lack of food options, worsening nutrition, tooth decay, missed college days, and declining performance.

High patient volumes and a high frequency of oral illnesses in the area have an impact on growth.

Over the next seven years, the North American dental laboratories market is expected to be supported by the existence of government-funded industrial automation and growing national efforts to improve oral and dental hygiene.

China is an emerging market for dental laboratories. Why is this the case?

China's market shares in East Asia, at 31.9% in 2021, is expected to grow significantly over the forecast period. The country is considered one of the key nations in East Asia due to its significant presence in the industry. The introduction of full-laboratory automation in various industries, particularly dental laboratories, is expected to provide a favorable environment for market participants. The country's high cigarette use rates and prevalence of oral illnesses are also expected to fuel this growth.

Segments Covered in the Dental Laboratories Market Report

By Type:

• Restorative
• Orthodontic
• Endodontic
• Oral care
• Implant

By Application:

• Dental Radiology Equipment
• Dental Lasers
• Systems & Parts
• Laboratory Machines
• Hygiene Maintenance Device
• Other Equipment Types

By Region:

• North America
• Latin America
• Europe
• APAC
• MEA

Frequently Asked Questions

What is the expected growth rate of the Dental Laboratories market over the next 7 years?

Dental Laboratories Market is estimated to increase at a CAGR of 5.78% from $ 32.45 Billion in 2023 to $ 49.56 Billion by 2030.

Who are the major players in the Dental Laboratories market and what is their market share?

Dentsply Sirona, Envista Holdings Corporation, A-DEC INC, Straumann AG, and Henry Schein. Inc., are prominent players operating and dominating in the market.

What are the main market trends for Dental Laboratories worldwide?

The market is growing as a result of R&D initiatives, global advancements in dental healthcare infrastructure, and an increase in the prevalence of dental illnesses.